
Chapter 1 - Principles of Finance
Flashcard
•
Business
•
University
•
Hard
Wayground Content
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17 questions
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1.
FLASHCARD QUESTION
Front
What is the primary goal of the science of finance?
Back
To guide managers' decisions
2.
FLASHCARD QUESTION
Front
What does finance involve besides theory?
Back
Art
3.
FLASHCARD QUESTION
Front
What is the primary goal of maximizing profit?
Back
Emphasizing accounting profit for a short term
4.
FLASHCARD QUESTION
Front
What happens if a company does not spend on research and development?
Back
It will lag behind its competitors.
5.
FLASHCARD QUESTION
Front
What is the objective of evaluating investment alternatives?
Back
To obtain profit or cash flow
6.
FLASHCARD QUESTION
Front
What is the relationship between risk and return?
Back
Higher returns require higher risk.
7.
FLASHCARD QUESTION
Front
What is capital budgeting?
Back
What long-term investments to undertake
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